THE HASH: What Record-High Inflation Means for Crypto, Bored Apes Going Hollywood and More
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 12 April 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
"The Hash" team discusses today's top stories, including the impact of record-high inflation on crypto, a Coinbase-produced film trilogy based on the story of The Bored Ape Yacht Club, Circle's latest $400 million funding round and more.
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This episode has been edited by Michele Musso. Our Executive Producer is Jared Schwartz with additional production support from Eleanor Pahl. Our theme song is “Neon Beach.“
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Transcript
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| 0:00.0 | This is the hash podcast. |
| 0:09.3 | Stay informed with the latest on Bitcoin, |
| 0:11.8 | ETH, the Metaverse, Web3, and more with stories that matter to the crypto world, |
| 0:16.7 | all on the hash for your ears. |
| 0:19.5 | You're listening to the Coin Desk Podcast Network. |
| 0:25.2 | Hello and welcome to The Hash. You are watching us here on CoinDest TV or you are listening to |
| 0:30.9 | us on the Coin Desk Podcast Network going across all the platforms everywhere for the hash. So thanks for watching or listening. |
| 0:38.3 | I am Zach Seward. |
| 0:39.3 | I'm the deputy editor-in-chief. |
| 0:41.3 | Coin desk, I am joined today by David Morris, Jan Sennassee, and Will Foxley. |
| 0:46.3 | Will Foxley is going to start us off with some new inflation numbers. |
| 0:50.3 | Will. |
| 0:51.3 | Bad news for dollar holders everywhere. |
| 0:53.3 | U.S. inflation jumped to a new high 8.5% in March. |
| 0:57.5 | Of course, yesterday we saw that the Biden administration was sort of prepping everybody for |
| 1:01.9 | this number. |
| 1:02.8 | And I think a lot of people thought it might be over 10%. |
| 1:04.9 | But clock's in at 8.5%. |
| 1:06.9 | It's the highest in four decades. |
| 1:09.6 | So last time inflation was as high was 1981. |
| 1:12.9 | Core inflation jumped about 0.05%. |
| 1:15.0 | So that is up as well. |
... |
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